Shale Gas News – November 26, 2022

shale gas news
Shale Gas NewsBill desRosiers
External Affairs Coordinator, Coterra Energy
Host, Shale Gas News

The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about energy permitting, OPEC+ output, fossil fuels and much more last week.

The Shale Gas News has grown again to the Williamsport area on stations WEJS 1600 AM & 104.1 FM. The Shale Gas News is now broadcasting in Bradford, Lackawanna, Lancaster, Lebanon, Luzerne, Lycoming, Pike, Sullivan, Susquehanna, Tioga and Wayne Counties, as well as in greater central PA and now the Williamsport area. The Shale Gas News is aired on Saturday or Sunday depending on the station.

Every Saturday Rusty Fender, Matt Henderson and I host a morning radio show to discuss all things shale gas. This week we replayed an interview we had with George Stark, Director of External Affairs at Coterra Energy.

Shale Gas News

The Shale Gas News, typically, is broadcast live. On the November 26th show (click above), we covered the following new natural gas territory (see news excerpts below):

  • Permitting legislation finds roadblocks in path to NDAA. Prospects that Sen. Joe Manchin III, D-W.Va., will be able to attach an energy permitting proposal of his to the annual defense policy bill dimmed after two key Republicans said they opposed the idea.  Rep. Mike D. Rogers, R-Ala., the ranking member on the House Armed Services Committee, said during House votes Thursday that Manchin’s proposal would not be included in the defense authorization bill for fiscal 2023.
  • GOP House Majority Could Shield Industries From New Taxes, Regulations. Republican wins at the ballot box have long translated into gains for the business lobby in Washington. This election is likely to be no exception, despite the party’s increasingly populist slant. The GOP takeover of the House will give Republicans the power to block efforts by Democrats to approve new regulations or taxes on the fossil-fuel industry, private-equity funds, tobacco makers and drug manufacturers.
  • Oil rebounds from early plunge after Saudis deny OPEC+ output report. Oil prices rebounded from early losses on Monday after Saudi Arabia denied a report it was discussing an increase in oil supply with OPEC and its allies.  Brent crude futures for January settled at $87.45, shedding 17 cents. U.S. West Texas Intermediate (WTI) crude futures for December settled at $79.73 a barrel, falling 35 cents ahead of the contract’s expiry later on Monday.
  • Interior Department announces new proposed oil and gas lease sales in Nevada, Utah. The Bureau of Land Management (BLM) on Monday announced two proposed oil and gas lease sales for nearly 100,000 acres of land in Nevada and Utah.  The land in question includes 63,603.89 acres on 35 parcels in Nevada and 31,808 acres across 18 parcels in Utah, according to a release from BLM.
  • Report details how Biden can protect 30 percent of U.S. lands and waters by 2030 without Congress. Soon after taking office, President Biden committed to conserving 30 percent of America’s lands and waters by 2030, an ambitious goal aimed at protecting wildlife while slashing planet-warming emissions. With Republicans set to take control of the House, the next Congress appears unlikely to pass major legislation that would deliver on this goal.
  • Students Tell Their Universities: Keep Fossil Fuel Companies Out of Climate Research. From Stanford and Brown Universities to Imperial College London and the University of Toronto, students at almost a dozen campuses around the world took action last week to push their universities to ban fossil fuel industry funding for climate research. This week of action was the latest outgrowth of the Fossil Free Research movement, which has spurred public discourse after Princeton pledged to divest its endowment and reject fossil fuel money.

The Shale Gas News sponsored by Linde Corporation

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